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Elijah Felice Rosales
Elijah Felice Rosales
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Airlines ask government: Waive airport fees as peso weakens
by Elijah Felice Rosales - November 2, 2026 - 12:00am
As the peso gets weaker, the country’s biggest airlines are asking airport operators to suspend terminal fees, as Filipinos now pay double the cost to fly.
More telco infrastructure built as government speeds up permits
by Elijah Felice Rosales - November 1, 2026 - 12:00am
Telco-to-tech giant Globe Telecom Inc. is pressing the government to sustain efforts in speeding up the issuance of infrastructure permits to help improve network coverage and quality.
Shares tumble, peso gains ahead of Undas break
by Elijah Felice Rosales - October 31, 2026 - 12:00am
Investors yesterday made sure to cash in profits before heading into the Undas break, having no motivation to buy more due to uncertainties on the economic front.
DALI’s P7 billion loss puts hard discount store model in focus
by Elijah Felice Rosales - October 30, 2026 - 12:00am
The pioneer of hard discount stores in the Philippines  incurred more than P7 billion in losses as of 2025, raising doubts about whether this retail model can survive much longer.
Stocks, peso strengthen as US Fed holds rates steady
by Elijah Felice Rosales - October 30, 2026 - 12:00am
Philippine financial markets found some relief yesterday after the US Federal Reserve kept interest rates unchanged, lifting local shares as bargain hunters stepped in while the peso strengthened back to the 63-per-dollar...
Ayala sets P20 billion tender offer for Mitsubishi deal
by Elijah Felice Rosales - October 29, 2026 - 12:00am
The country’s oldest conglomerate is proceeding with a tender offer to acquire nearly P20 billion worth of shares to make way for larger investments from Japanese multinational Mitsubishi Corp.
Shares retreat on peso, inflation woes
by Elijah Felice Rosales - October 29, 2026 - 12:00am
The local stock market retreated yesterday due to expectations that the worst is yet to be over for the peso’s decline, triggering economic, inflationary and monetary concerns.
Bargain hunting snaps stocks’ 3-day skid
by Elijah Felice Rosales - October 28, 2026 - 12:00am
Investors yesterday bought bargain shares to take advantage of recent declines, pushing the local stock exchange into positive territory and snapping a three-day losing streak.
Higher Cavitex toll starts
by Elijah Felice Rosales - October 28, 2026 - 12:00am
Motorists passing though the Manila-Cavite Expressway will have to pay higher toll starting today after the government approved the increase to cover the second tranche of a delayed adjustment.
GCash’s post-listing price drop stirs mixed views
by Elijah Felice Rosales - October 27, 2026 - 12:00am
GCash’s listing success should be measured by its ability to expand the business and unlock value, rather than by its share price  performance, according to analysts.
Fresh asset swaps hike MREIT income by 58 percent
by Elijah Felice Rosales - October 27, 2026 - 12:00am
The real estate investment trust (REIT) of Megaworld Corp. raised its distributable income by more than half in the nine months to September following the infusion of over P43 billion in assets.
Megawide unit completes P1.2 billion horizontal housing
by Elijah Felice Rosales - October 27, 2026 - 12:00am
Infrastructure developer Megawide Construction Corp. has finished two housing projects worth P1.2 billion, expanding residential options in two provinces near Metro Manila.
Cirtek sells semicon unit to Indian firm for 20.2 million dollar
by Elijah Felice Rosales - October 27, 2026 - 12:00am
Jerry Liu’s integrated tech provider Cirtek Holdings Philippines Corp. has sold its semiconductor arm to an Indian firm for at least $20.2 million to fund capital and debt expenditures.
SEC: Reforms to prepare Philippines for Asean market integration
by Elijah Felice Rosales - October 27, 2026 - 12:00am
The Securities and Exchange Commission (SEC) said the reforms it is undertaking on corporate governance would make the country ready for market integration in the Southeast Asian region.
Jittery investors push stocks close to 5,600
by Elijah Felice Rosales - October 27, 2026 - 12:00am
Investors retreated yesterday amid economic risks and mounting price pressures, pushing the stock market closer to the 5,600 level in a week fraught with uncertainties.
Stocks turn sights on Fed
by Elijah Felice Rosales - October 26, 2026 - 12:00am
The local stock exchange is headed to another week of vulnerability, as investors keep an eye out on another policy-setting meeting of the US Federal Reserve, though most analysts predict rates would hold.
Government billed P1.8 billion for railway delays
by Elijah Felice Rosales - October 26, 2026 - 12:00am
A change in railway strategy is becoming more imminent for the Department of Transportation (DOTr), as delays in big-ticket projects have required the payment of P1.8 billion to lenders.
Philippines, Singapore agree to widen capital market cooperation
by Elijah Felice Rosales - October 24, 2026 - 12:00am
The Philippine Stock Exchange  has teamed up with its Singaporean counterpart to create fresh investment activities and boost trading among Southeast Asians.
Globe eyes corporate solutions unit as next growth driver
by Elijah Felice Rosales - October 24, 2026 - 12:00am
Telco-to-tech giant Globe Telecom Inc. expects its corporate solutions unit to contribute more income in the future after booking record revenues in the first half.
Stocks suffer another selldown as peso extends record slide
by Elijah Felice Rosales - October 24, 2026 - 12:00am
Philippine financial markets ended the week in the red, with stocks retreating as investors digested the Bangko Sentral ng Pilipinas (BSP)’s 50-basis-point rate hike while the peso sank to a fresh record low...
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